Also trades as BIPC.TO.
BIPC
Hot AirBrookfield Infrastructure Corporation · Utilities · United States · $4.6B cap · $51.9M/day traded
$39.84 +0.7% · close 11 Nov · scored 12 Nov
Hot Air: Strong momentum and nothing else: weak business, rich price.
As of 12 Nov 2026, the MoatMap Score for Brookfield Infrastructure Corporation (BIPC) is 49/100, ranked against 25,000+ stocks in 38 markets (Quality 41, Value 47, Momentum 56, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT BROOKFIELD INFRASTRUCTURE CORPORATION
Read
Brookfield Infrastructure Corporation owns and operates a diversified portfolio of high-quality infrastructure assets across utilities, transport, midstream, and data sectors globally. Its essential infrastructure assets, characterized by high barriers to entry, long-term contracts, and inflation-indexed cash flows, provide stable and predictable returns. BIPC is a pure-play infrastructure company, spun off from Brookfield Asset Management, providing direct exposure to critical global infrastructure.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.9B | 2.5B | 3.7B | 3.7B | 24.8% | 3.7B | 4.0B | 4.3B | 7.9% |
| EPS | 9.89 | 0.84 | -5.11 | -2.01 | -91.5% | -2.87 | — | — | — |
| Shares | 110.6M | 131.9M | 119.0M | 120.0M | +8.5% | 123.0M | — | — | — |
| Debt | 4.6B | 12.1B | 12.3B | 13.3B | 42.3% | 12.9B | — | — | — |
| Equity | -1.1B | -399.0M | -1.3B | -1.3B | — | — | — | — | — |
| Op CF | 893.0M | 1.1B | 1.7B | 1.6B | 21.7% | 1.6B | — | — | — |
| Inv CF | -1.0B | -3.2B | -1.1B | -612.0M | — | — | — | — | — |
| Fin CF | -4.0M | 2.2B | -428.0M | -1.3B | — | — | — | — | — |
No new 52-week low for 27 weeks, 19% above that low, but not back above a rising 50-day average.
The Momentum score still reads 56: it looks back six months, so it has not caught up with this fall.
Calmer than 76% of stocks we rank over the past year (volatility 28% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of BIPC are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| BIPC | Brookfield Infrastructure Corporation(you) | $4.6B | 49 |
| SR | Spire Inc. | $5.0B | 50 |
| SWX | Southwest Gas Holdings, Inc. | $6.6B | 50 |
| CPK | Chesapeake Utilities Corporation | $3.4B | 47 |
| OGS | ONE Gas, Inc. | $4.9B | 57 |
| NJR | New Jersey Resources Corporation | $5.4B | 43 |
| BKH | Black Hills Corporation | $6.1B | 59 |
| NWN | Northwest Natural Holding Company | $2.1B | 53 |
| MDU | MDU Resources Group, Inc. | $4.0B | 26 |
| CTRI | Centuri Holdings, Inc. | $2.0B | 38 |
Peer medians: ROE 9.0% · P/E 20.5x · Gross margin 45.0%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.